SOBA trade ideas
T longer term playHey guys and gals it's been a long time since I have posted an idea but I have one where the risk to reward is quite appealing, AT&T is in such a nice triangle pattern since its inception and is playing out very nicely and getting quite tight in price. On the monthly chart we see a baby triangle inside a huge triangle, what this means is we are in the loading up stage, at this exact specific time on smaller time frames we are hitting resistances and have some red candles coming in, to me this means perfect opportunity to pick up some shares as it moves downwards in the $26.50-31 range, little by little add shares on dips. This is also a nice 7% paying dividend stock so for each quarter you will be paid to hold this stock. Target for this stock would be at $38 and then $43 if it breaks out, with such a huge pattern, the breakout can be very strong, remember this stock is in a triangle pattern so it can move downwards as well, stops would be under $26 and the move can be epic to the downside as well, so keep an eye on this sucker but I'll be loading up in my dividend portfolio. This $10+ move to the upside can take a year or more to complete so the dividend will be a nice reward for holding that long. Have a great weekend everyone, Cheers!
$T short term upside 10/20 ema cross should send T to the 50 ema on the weekly timeframe at 32. Could be a short term call option swing.
Bullish Setup!!!NYSE:T is ready to get going higher. buy above yesterday's of 30.52 with a stop below 30.30. do not participate if it gaps through the trigger price. let it settle and try to get in at a good price.
AT&T a Good Buy?AT&T's growth has been sluggish. With internet TV becoming more and more popular, the demand for satellite TV is decreasing. As for the cellular aspect, for now their 5g network appears to be limited to some small businesses. The Megalodon is giving us a buy sign on the technical side!
The Megalodon indicator uses an artificial intelligence, combined with data from over 500 buy setups, and over 2000 indicators to produce extremely accurate buy signals on any and all asset classes! Send me a message if you would like to try it for yourself!
IHS reversal in the making?My ideal scenario would be here a breakout from the falling wedge with a possible inverse head-and-shoulders pattern
We SPY an Ending 5th Wave Diagonial for NYSE: $T | AT&T!We SPY an Ending 5th Wave Diagonial for NYSE: $T | AT&T!
$T AT&T could be a value trapGiven the cost of upgrading the network to 5G and the amout of debt AT&T is in, I am not interested in buying at this level given its 6.8% yield dividend.
LONG AT&T (NYSE: T)Confluence of support if you see the log-chart. Double support. Try 61.8 retracement too (i'll leave some of the work to you mayneeee )
T a 0.618, 2618 and 30.00fig combination long.As mentioned before, T has been the lagger of the defensive sector .
It hit the 0.618 since 2008 @ 29.60 a few while ago, and formed a daily double bottom finally!
What's more, the entry of the 2618 will be at the 30.00 fig spot!
Accordingly, I will be very interesting in this trade!
Let's see how it goes!
AT&T Bearish and watch to watch forT ; we are bearish below 30.13. Very stable mover, as well as slow but a close below 30.13 today we should see 27.66 test... below this point I am concerned with 23.36 holding up... because T is such a stable mover if this point fails it would create panic.
short term move for T from $30 to $32I am expecting a short term move for T from $30 to $32 or more if there is no weird market movement.
AT&T sideway til 2020Similar pattern from history. Dont long while stock market in crash mode, 2020 is the time to go long.
